Echo Global Logistics, Inc.
ECHO
ECHO was delisted on the 22nd of November, 2021.
143 hedge funds and large institutions have $445M invested in Echo Global Logistics, Inc. in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 48 reducing their positions, and 12 closing their positions.
98% more call options, than puts
Call options by funds: $741K | Put options by funds: $374K
27% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 48
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
1% more funds holding
Funds holding: 142 → 143 (+1)
19% less capital invested
Capital invested by funds: $546M → $445M (-$101M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$10.7M |
| 2 |
Bank of New York Mellon
New York
|
+$6.29M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$4.98M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$3.33M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$13.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10.1M |
| 3 |
BlackRock
New York
|
-$5.31M |
| 4 |
JP Morgan Chase
New York
|
-$2.63M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$2.44M |
ECHO Hedge Fund Activity: Q1 2020 in Review
143 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Echo Global Logistics, Inc. (ECHO) for Q1 2020, worth a combined $445M — down 19% from $546M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ECHO positions and 12 closed out — a net gain of 3 holders — while 61 added to existing stakes and 48 trimmed.
The largest buyer was Scopus Asset Management, opening a new position worth an estimated $10.7M. The largest seller was Aberdeen Group, cutting an estimated $13.4M.
- 143 institutional investors held Echo Global Logistics, Inc. (ECHO) as of Q1 2020, up from 142 in Q4 2019.
- Funds reported $445M of Echo Global Logistics, Inc. stock for Q1 2020, down 19% quarter-over-quarter.
- 15 funds opened new Echo Global Logistics, Inc. positions in Q1 2020 and 12 closed out, a net change of +3 holders.
- The largest Echo Global Logistics, Inc. buyer in Q1 2020 was Scopus Asset Management, an estimated $10.7M added.
- The largest Echo Global Logistics, Inc. seller in Q1 2020 was Aberdeen Group, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2020.